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IPC The Hospitalist Company Signs Five New Hospitalist Contracts with IASIS Healthcare

IPC The Hospitalist Company (Nasdaq: IPCM), a leading physician group practice company, announced today that it has entered into agreements to provide comprehensive hospitalist services to five IASIS Healthcare hospitals in Arizona, Nevada and Texas.

04.29.2008

North Hollywood, Calif., April 29, 2008 – IPC The Hospitalist Company (Nasdaq: IPCM), a leading physician group practice company, announced today that it has entered into agreements to provide comprehensive hospitalist services to five IASIS Healthcare hospitals in Arizona, Nevada and Texas. The new contracts broaden IPC’s already established presence in these markets.

 

“IPC and its physicians are focused on providing high-quality outcomes and strong continuity of care for the inpatients they serve,” said Sandra McRee, president & COO of IASIS. “We believe this new partnership further supports our commitment to provide patients with excellent healthcare and the best possible hospital experience.”

The agreements include three hospitals in Phoenix, Arizona, one in Las Vegas, Nevada, and one in San Antonio, Texas.

”IASIS shares our commitment to providing efficient, high-quality service while maximizing patient satisfaction,” said R. Jeffrey Taylor, president and COO of IPC. “We welcome the opportunity to work with IASIS hospitals, and look forward to a long and mutually rewarding collaboration, as we have successfully done with other hospitals we serve in these communities.”

In connection with the IASIS agreements, 8 providers previously employed by Total Care Management Associates (TCMA), a multi-city hospitalist group that had provided hospitalist services to IASIS, have joined IPC.

About IASIS Healthcare LLC
IASIS, located in Franklin, Tennessee, is a leading owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. The Company operates its hospitals with a strong community focus by offering and developing healthcare services targeted to the needs of the markets it serves, promoting strong relationships with physicians and working with local managed care plans. IASIS owns or leases 16 acute care hospital facilities and one behavioral health hospital facility with a total of 2,737 beds in service and has total annual net revenue of approximately $1.9 billion. These hospital facilities are located in six regions: Salt Lake City, Utah; Phoenix, Arizona; Tampa-St. Petersburg, Florida; three cities in Texas, including San Antonio; Las Vegas, Nevada; and West Monroe, Louisiana. IASIS also owns and operates a Medicaid and Medicare managed health plan in Phoenix that serves over 127,000 members. For more information on IASIS, please visit the Company's website at www.iasishealthcare.com.

About IPC The Hospitalist Company, Inc.
IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) is a leading physician group practice company focused on the delivery of hospitalist medicine services. IPC's physicians and affiliated providers manage the care of hospitalized patients in coordination with primary care physicians and specialists. The Company provides its hospitalists with the comprehensive training, information technology, and management support systems necessary to improve the quality and reduce the cost of inpatient care in the facilities it serves. For more information, visit the IPC website at www.hospitalist.com.